Morrisons buys 49 former Blockbuster stores

Morrisons supermarket Credit: PA

Bradford-based supermarket Morrisons has bought 49 stores from the failed DVD and games rental chain Blockbuster to expand its convenience store business. The shops will be rebranded as Morrisons M local and could be open by the end of the year.

Morrisons says it hopes to create around 1000 jobs when it reopens the new shops which will be mainly in London and the South East. The announcement follows the supermarket's recent acquisition of seven former Jessops stores.